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08/17
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missile strike near guam saying preparations should be ready in a matter of days >>> meanwhile, the pentagon has prepared a detailed plan for a preemptive strike on north korea missile sites. arrangements are in place should president trump order such an attack tracy pollocks joins us from washington how likely is this preemptive strike, really in. >> a lot of military experts out there say it's not the best option that it will prompt an immediate response and essentially send the u.s. and north korea almost immediately into war the diplomacy or other options should be on the table first but given the fact that the situation is escalating, the trump administration says all options are on the table and by escalating, we mean this. north korea has now made its threat against guam. our u.s. territory out in the middle of pacific more specific saying they will send foreign missiles into the waters around guam essentially to scare them in a show of their military might and power. they say they are promising a show of absolute force in light of the heated comments that president trump made about f
missile strike near guam saying preparations should be ready in a matter of days >>> meanwhile, the pentagon has prepared a detailed plan for a preemptive strike on north korea missile sites. arrangements are in place should president trump order such an attack tracy pollocks joins us from washington how likely is this preemptive strike, really in. >> a lot of military experts out there say it's not the best option that it will prompt an immediate response and essentially send...
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Apr 19, 2017
04/17
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. >> reporter: the question tonight, why were the white house and pentagon brass confused about the location of this giant aircraft carrier, the "uss carl vinson" last week, saying it was heading toward korea as a show of force. president trump last wednesday. >> we are sending an armada, very powerful. >> reporter: and the secretary of defense. >> she's on her way up there because that's where we thought it was most prudent to have her at this time. >> reporter: in fact the aircraft carrier was headed in the opposite direction towards australia for military exercises, a confusing message during the tense showdown with north korea. >> it comes across to your potential adversaries as a lack of determination, a lack of will, a lack of certainty about the signal you want to send. >> reporter: administration officials say confusing guidance from the pentagon as a ship tonight is headed to north korea. a reset in tone from vice president pence in japan, only yesterday warning north korea to look at the missile strikes in syria. and the mother of all bombs against isis, and to not test u.s. resolv
. >> reporter: the question tonight, why were the white house and pentagon brass confused about the location of this giant aircraft carrier, the "uss carl vinson" last week, saying it was heading toward korea as a show of force. president trump last wednesday. >> we are sending an armada, very powerful. >> reporter: and the secretary of defense. >> she's on her way up there because that's where we thought it was most prudent to have her at this time. >>...
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Aug 29, 2014
08/14
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another thing will be if the pentagon has to go back and ask for more money. so just so you know, and they're going to end up having to use more resources and they'll probably have to go to congress to do it. >> hadley, thank you for that. appreciate it. and we want to take a look at the exchange rate. 1.3178. not too far away from the one-year lows that we saw earlier on this week. pretty much unchanged on the day, though. but, in fact, the euro is on track for the second straight month of decline in expectation of more easing from the ecb. we will bring you that key eurozone inflation reading in just a few minutes. stay tuned. >>> plus, google takes on amazon going into the skies to test a new drone program. all the details, coming up. xkç >>> welcome to "worldwide exchange." we are waiting for the eurozone cpi inflation data. came in at 0.2%. no, that is not the number. again, the august cpi estimate, 0.3% versus july of 0.4%. the forecast at 0.3%. the preliminary cpi, again, that is 0.2% the. that is below expectations, down 0.1% on the year. so once aga
another thing will be if the pentagon has to go back and ask for more money. so just so you know, and they're going to end up having to use more resources and they'll probably have to go to congress to do it. >> hadley, thank you for that. appreciate it. and we want to take a look at the exchange rate. 1.3178. not too far away from the one-year lows that we saw earlier on this week. pretty much unchanged on the day, though. but, in fact, the euro is on track for the second straight month...
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Apr 28, 2015
04/15
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however, the pentagon is also saying there are u.s. military presence in the area and that they are monitoring the current situation. that chart that you're looking at right now is nymex crude oil, you can see when the reports first came out, that pop, that spike in crude oil prices, we've now given up pretty much all of those gains. we're now flat on the session for crude oil. so john, just again to be clear, per a pentagon spokesperson there has been a seizure of a cargo ship by iran, but it is the "mersk tigress" a danish shipping company's shipping vessel, flying under a marshall islands flag and right now the pentagon is saying per "reuters," that there are no u.s. personnel aboard the vessel. so again a very developing fluid story. for right now that's what we know and what we don't know. john, back to you. >> thank you for that important update. >>> moving on, the nasdaq near the flat line today, not far from the highs, that has a lot of people asking the question is tech overheated. we have the ceo of unicorn, the creator of mi
however, the pentagon is also saying there are u.s. military presence in the area and that they are monitoring the current situation. that chart that you're looking at right now is nymex crude oil, you can see when the reports first came out, that pop, that spike in crude oil prices, we've now given up pretty much all of those gains. we're now flat on the session for crude oil. so john, just again to be clear, per a pentagon spokesperson there has been a seizure of a cargo ship by iran, but it...
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Aug 10, 2018
08/18
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president's space force dream into a reality vice president mike pence unveiled the project at the pentagon to create a new military branch by 2020. hallie jackson has the details on this story. >> it may be the final frontier on star trek, but in rel lial l it's the next frontier for the military with plans unveiled for the sixth branch of service. >> the united states air force. >> reporter: and the first since the creation of the air force in 1947. >> it is not enough to merely have an american presence in space. we must have american dominance in space. >> reporter: the trump administration wants to build this space force by reorganizing existing programs and personnel, creating an elite group of space war fighters, equivalent to the navy seals or green berets and asking congress for $8 billion over the next five years all part of a push to combat aggressive moves by russia and china. president trump today tweeting "space force all the way," with his campaign asking supporters to pick their favorite logo offering up six options. >> space force space force. space force. people love it. >
president's space force dream into a reality vice president mike pence unveiled the project at the pentagon to create a new military branch by 2020. hallie jackson has the details on this story. >> it may be the final frontier on star trek, but in rel lial l it's the next frontier for the military with plans unveiled for the sixth branch of service. >> the united states air force. >> reporter: and the first since the creation of the air force in 1947. >> it is not enough...
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Sep 19, 2017
09/17
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security council we're pretty much done, let's hand this over to the pentagon. >> i think the u.s. already used the phrase running out of road there will be symbolic value, trump is addressing an important body in this subject this will not change the fundamental fact that the u.s. and china want different things on north korea trump probably wants the end of the kim regime china doesn't. trying to get common policy on this will be difficult we've seen that in the time trump escalated rhetoric, talking about fire and fury, north korea continued to set off missiles the u.s. is in a difficult position on this >> let's talk about iran we have an october deadline to re-certify that iran deal. do you think he'll try to end it or plenty of tough talk? >> it is difficult to say. i think that what we can say is that there's clearly more international agreement behind trump on north korea than iran i think if trump tries too closely to tie these two states together as threats to the global order that will be received more luke warmly than if he focused purely on north korea. he had lots of
security council we're pretty much done, let's hand this over to the pentagon. >> i think the u.s. already used the phrase running out of road there will be symbolic value, trump is addressing an important body in this subject this will not change the fundamental fact that the u.s. and china want different things on north korea trump probably wants the end of the kim regime china doesn't. trying to get common policy on this will be difficult we've seen that in the time trump escalated...
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Jun 27, 2017
06/17
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. >> ooz truthe pentagon said the. state department approved the possible sale of boeing transport planes to india. they even shared a hug modi definitely went in for the hug. >> good for them seems like the trip went well. wasn't a groundbreaking geopolitical one overall a pretty good outcome. >> modi didn't have a problem with president trump mentioning choosing the trade imbalance >> thanks are not going well for brazil's leader. a top prosecutor charged michelle timer to taking bribe timmer was charged with a corruption scheme involving a large meat packer. timmer replaced dillmer rousseff a year ago the brazilian market is down a bit today. >>> sprint is in talks with comcast and charter communications for a possible wireless deal. the "wall street journal" says under one option comcast and charter would invest in sprint's network in exchange for favorable terms to cell service using the carrier's network. the "journal" says another scenario is the possibility of comcast a comcast and charter joining forces to buy
. >> ooz truthe pentagon said the. state department approved the possible sale of boeing transport planes to india. they even shared a hug modi definitely went in for the hug. >> good for them seems like the trip went well. wasn't a groundbreaking geopolitical one overall a pretty good outcome. >> modi didn't have a problem with president trump mentioning choosing the trade imbalance >> thanks are not going well for brazil's leader. a top prosecutor charged michelle...
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Feb 20, 2018
02/18
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website to find out why one commentator thinks shorting the euro means taking on both the ecb and the pentagon that's on cnbc.com >>> the gun debate continues to rage in the u.s. several medical groups are calling on the trump administration and congress to confront gun violence as a major public health issue. hallie jackson reports on how the president's views may be evolving on the issue. >> reporter: the president is back in washington, a small sign of movement maybe in the gun debate the white house saying he supports a bipartisan plan to strengthen federal background checks, so do other republicans. >> i have no issue with more extensive background checks. >> reporter: a narrow proposal forcing federal agencies to improve reporting of things like criminal convictions making sure they come up on background checks it would not have stopped the florida shooter, but another proposal might have. >> why is an 18-year-old, a 19-year-old, not allowed to purchase a beer in a restaurant, not allowed to purchase a handgun, but can purchase an assault rifle? >> okay. so -- >> makes no sense. >> repor
website to find out why one commentator thinks shorting the euro means taking on both the ecb and the pentagon that's on cnbc.com >>> the gun debate continues to rage in the u.s. several medical groups are calling on the trump administration and congress to confront gun violence as a major public health issue. hallie jackson reports on how the president's views may be evolving on the issue. >> reporter: the president is back in washington, a small sign of movement maybe in the...
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Jun 16, 2017
06/17
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government, the pentagon and the irs booz allen's contractors sometimes have access to highly sensitive intelligence information and classified documents. the company's former contractor is edward snowden, who has been accused of stealing classified information from the national security agency. the company defending itself yesterday saying to date our internal and external audit processes have not identified any significant deficiencies or material weaknesses or identified any significant erroneous cost charging. booz allen added it is cooperating with the government and expects to bring them to an appropriate solution look at the stock. shares of booz allen down about 10% this morning in early trading. back over to you >> thanks. there's been a lotof headline risks. after the snowden breach there was another one in 2016 with the nsa. >> the leaks >> so, kind of pointing out how intertwined things are with the government >>> keep an eye on shares of snap the stock sinking to its ipo price of $17 a share the drop highlighting i investor fears over the company as competition from faceboo
government, the pentagon and the irs booz allen's contractors sometimes have access to highly sensitive intelligence information and classified documents. the company's former contractor is edward snowden, who has been accused of stealing classified information from the national security agency. the company defending itself yesterday saying to date our internal and external audit processes have not identified any significant deficiencies or material weaknesses or identified any significant...
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Oct 5, 2017
10/17
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. >> reporter: just days earlier tillerson even called the president a moron after a pentagon meeting, according to three senior officials tillerson today not denying that >> i'm not going to deal with petty stuff like that. >> reporter: the president in las vegas today labeling the nbc report fake news >> it was a totally phony story. thank you very much. it was made up it was made up by nbc. total confidence in rex. i have total confidence. >> reporter: but multiple sources tell nbc tillerson did disparage the president and also talked about quitting reports nbc's carol lee. >> kelly and mattis moved in to try to convince him to stick around and then vice president pence followed up with what one source described to us as a pep talk. >> reporter: in fact, tillerson and the president have clashed for months over iran, over a dispute between u.s. allies in the persian gulf and north korea. coming to a head this weekend when the president attacked tillerson's outreach to north korea tweeting sunday, save your energy, rex, we'll do what has to be done the president's diplomatic bombshel
. >> reporter: just days earlier tillerson even called the president a moron after a pentagon meeting, according to three senior officials tillerson today not denying that >> i'm not going to deal with petty stuff like that. >> reporter: the president in las vegas today labeling the nbc report fake news >> it was a totally phony story. thank you very much. it was made up it was made up by nbc. total confidence in rex. i have total confidence. >> reporter: but...
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Aug 17, 2018
08/18
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. >>> and the pentagon delaying a big military parade as costs go up. >>> and bitcoin bouncing back this morning we'll get a crypto expert's take on this friday
. >>> and the pentagon delaying a big military parade as costs go up. >>> and bitcoin bouncing back this morning we'll get a crypto expert's take on this friday
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Apr 17, 2018
04/18
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i think the executive's view, which is the view of the national security counsel, the pentagon, state department, the broad consensus view in those institutions is closer to congress than to that of the president himself. this is where you're seeing the important gaps between the personal view of the president of the united states, what the federal government government's view is and the sub view within the different aspects of the government are this is one where trump has largely but not entirely been boxed in we saw this before with attempts to minimize sanctions passed by congress to carve out a path where he can have some kind of deal, a relationship with people. >> thank you for joining us. >>> coming up, after bank of america beats estimates, can goldman sachs followsuit ♪ most people come to la with big dreams. ♪ we came with big appetites. with expedia, you could book a flight, hotel, car, and activity all in one place. ♪ >>> welcome back to "street signs. emanuel macron is giving a much heralded speech to the european parliament this morning. he said he's ready to incr
i think the executive's view, which is the view of the national security counsel, the pentagon, state department, the broad consensus view in those institutions is closer to congress than to that of the president himself. this is where you're seeing the important gaps between the personal view of the president of the united states, what the federal government government's view is and the sub view within the different aspects of the government are this is one where trump has largely but not...
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Aug 22, 2016
08/16
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members of the pentagon making comments how worrying, generals replaced, moved outfit of the military, who do we work with now. serious concerns as we talk about this with regard to migrant crisis. >> let's continue, german government will advise its citizens to stockpile food and water for attacks according to a newspaper. germany under high alert following string of terror attacks in recent months. such guidance would be unprecedented in the country since the cold war period. it's expected to be discussed by the cabinet on wednesday with the potential to be announced that same day. this is interesting. you pointed out something recently vice president of intelligence suggesting -- >> for some migrants out of syria and turkey. this is the big question going forward, what is going to happen next in terms of european relationship with turkey. >> talked about sleeper cells coming in. >> something nobody wanted to address before brexit. nobody wanted to talk about this. it's dangerous ground really for any politician to talk about within all these humanitarian efforts you're going to mis
members of the pentagon making comments how worrying, generals replaced, moved outfit of the military, who do we work with now. serious concerns as we talk about this with regard to migrant crisis. >> let's continue, german government will advise its citizens to stockpile food and water for attacks according to a newspaper. germany under high alert following string of terror attacks in recent months. such guidance would be unprecedented in the country since the cold war period. it's...
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Nov 13, 2018
11/18
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50,000 workers crystal city could put it in line to win a massive cloud computing contract that the pentagon will award next year. amazon already has about 2500 employees in the d.c. area this would certainly multiply that they also have roughly 1800 workers in advertising, publishing in new york long island city is a former industrial waterfront and it benefited from a push to reposition new york as a top location for digital industry in the wake of the financial crisis neither new york or northern virginia officials have disclosed how much in tax breaks they have offered amazon you have to imagine it will be a lot. i have to wonder, people in long island city, which has been a rebirth area here, a whole new city area, they have to be bracing for just how much more crowded it's going to be on the 7 subway, which also goes out to met stadium. it will be a crowded area if you get some 25,000 amazon workers >> it will our reporting earlier a couple weeks ago said the d.c. area is likely to have transportation sweeteners as well alexandria not a free flowing traffic area as well just a touch of
50,000 workers crystal city could put it in line to win a massive cloud computing contract that the pentagon will award next year. amazon already has about 2500 employees in the d.c. area this would certainly multiply that they also have roughly 1800 workers in advertising, publishing in new york long island city is a former industrial waterfront and it benefited from a push to reposition new york as a top location for digital industry in the wake of the financial crisis neither new york or...
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Oct 8, 2014
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the pentagon oo loan says they plan to spend $750 million just in the next six months, sending people over there, building hospitals and other medical facilities, labs, to contain this virus. >> tracie, thank you so much for bringing us the latest. >>> after the dow jones' industrial's worst day in two months, u.s. equity investors in the green. the fed's bond buying program wraps up. cost coat beats on the bottom line helped by higher revenue from its membership fees. >> after the break, will the fed minutes provide any comfort for investors' concerns over global growth? we'll look ahead on that. on that note, cnbc will be host ago debate on austerity versus stimulus at the imf meeting tomorrow. geoff will be monitoring a panel that includes larry summers, john lipton and ian bremmer. we will bring you that tomorrow at 11:00 a.m. eastern. dads don't take sick days, dads take nyquil. the nighttime, sniffling, sneezing, coughing, aching, fever, best sleep with a cold, medicine. >>> welcome back. as you can see, european markets in the red. the ftse 100 down about 0.5%. good earliny dow
the pentagon oo loan says they plan to spend $750 million just in the next six months, sending people over there, building hospitals and other medical facilities, labs, to contain this virus. >> tracie, thank you so much for bringing us the latest. >>> after the dow jones' industrial's worst day in two months, u.s. equity investors in the green. the fed's bond buying program wraps up. cost coat beats on the bottom line helped by higher revenue from its membership fees. >>...
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Mar 28, 2013
03/13
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. >>> the pentagon cutting the number of unpaid furlough days civilian workers will have to take over the next several moss from 22 to 14. the deal is 5i78d at reducing the budget cuts on the sequester. the u.s. military faced $43 billion in cuts that kicked in march 1st. congress shifted funds around to give the pint gone more leeway. under the new plan, furloughs won't begin until mid-june. >>> and steve cohen has been on a spending spree. reports earlier this week say the hedge fund titan bought a picasso painting for $150 million. now he's plunking down $60 million for a home in the hamptons. these move come as a judge today is set to consider a settlement between the s.e.c. and ac capital under which the firm would pay $16 million in the largest ever insider trading case. >>> google is slapping the made in the usa label on its glasses. google glasses are wearable computers with camera and voice recognition that connect to the web via smartphone. the company plans to initially make a small number of devices which would create a more desirable manufacturing in the u.s., allowing co
. >>> the pentagon cutting the number of unpaid furlough days civilian workers will have to take over the next several moss from 22 to 14. the deal is 5i78d at reducing the budget cuts on the sequester. the u.s. military faced $43 billion in cuts that kicked in march 1st. congress shifted funds around to give the pint gone more leeway. under the new plan, furloughs won't begin until mid-june. >>> and steve cohen has been on a spending spree. reports earlier this week say the...
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Dec 19, 2016
12/16
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the pentagon said the underwater drone was operating lawfully correcting marine data in the philippines. beijing, however, is criticizing washington for hyping up the incident. president-elect donald trump reacted to the unusual seizing on twitter. first accusing china of stealing the drone. and then saying that the u.s. should refuse to take the equipment back again. eunice, what is your reaction to what has happened? >> reporter: so far just a couple hours ago the chinese foreign ministry has been trying to calm the tensions over the south china sea, saying that the u.s. and chinese militaries are in direct talks to negotiate the return of the u.s. drone. also, the ministry was very cautiously defending beijing's actions, saying that the navy had a responsibility to identify and ascertain the object. the spokesperson also said that trump's description of china stealing the u.s. drone were absolutely or completely incorrect. now, that tone was very different from what we saw in the chinese state media. the state media has been strongly defending beijing's actions as well as mocking don
the pentagon said the underwater drone was operating lawfully correcting marine data in the philippines. beijing, however, is criticizing washington for hyping up the incident. president-elect donald trump reacted to the unusual seizing on twitter. first accusing china of stealing the drone. and then saying that the u.s. should refuse to take the equipment back again. eunice, what is your reaction to what has happened? >> reporter: so far just a couple hours ago the chinese foreign...
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Mar 18, 2013
03/13
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made it easier for the pentagon to adjust. the senate has other departments which it's trying to help. still some disagreements there. but they expect to be worked out by the end of the week. at the same time, there's a huge gap between the two long-term budget plans that the two parties are pushing. and john boehner over the weekend said, we're done with tax increases. he was repeating that position. the house white house responded, the senior adviser, saying no deal is possible as long as john boehner is in that place. so that's where we are, sue. you've got on the one hand the two parties working together. they are like my to avoid a government shutdown. still fighting and will be for months over the long-term situation. >> wow, john, thank you so much. >>> let's recap the day's other big headlines driving today's session. united technology upgraded to a buy at citi. the firm siting attracting situation. extended delay involving the $21.1 billion to buy mexico. anheuser-busch said they made substantial progress in resolving
made it easier for the pentagon to adjust. the senate has other departments which it's trying to help. still some disagreements there. but they expect to be worked out by the end of the week. at the same time, there's a huge gap between the two long-term budget plans that the two parties are pushing. and john boehner over the weekend said, we're done with tax increases. he was repeating that position. the house white house responded, the senior adviser, saying no deal is possible as long as...
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Nov 9, 2012
11/12
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drone in international air space according to the pentagon. a formal warning was sent to tehran you through diplomatic channels. if the drone were hit it could have forced retaliation from the u.s. so against this backdrop, we want to know which of these stories is most important for the months ahead or is it something else entirely that we're not yet focused on? join the conversation. worldwide@cnbc.com. tweet @cnbcwex. @kelly_evans. the @rosswestgate. >>> still to cork we'll talk shipping trends with a guest who says the handover of power in china will be positive for global trade. [ female announcer ] the power to become a better investor has gone mobile. with features like scanning a barcode to get detailed stock quotes to voice recognition. e-trade leads the way in wherever, whenever investing. download the ultimate in mobile investing apps, free, at e-trade. >>> the danish shipping giant reiterated it profit will grow despite posting a disappointing set of results. the group says it will post earnings of around 3.7 billion in 2012. joini
drone in international air space according to the pentagon. a formal warning was sent to tehran you through diplomatic channels. if the drone were hit it could have forced retaliation from the u.s. so against this backdrop, we want to know which of these stories is most important for the months ahead or is it something else entirely that we're not yet focused on? join the conversation. worldwide@cnbc.com. tweet @cnbcwex. @kelly_evans. the @rosswestgate. >>> still to cork we'll talk...
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Sep 23, 2014
09/14
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but the pentagon defense department says this morning that there were fighters who were killed. according to a monitoring group on the ground, there were ten casualties, as they put it, not to mention a number of fuel and weapons depots, the finance center according to the pentagon and other targets that were hit in that strong hold of rakah. >> thank you very much, tracie. >>> now, the u.s. secretary is taking actions to curb inversions. the rules include hop scotch loans that let companies tap foreign cash without paying taxes. the rules don't retroactively apply to deals that have not yet been completed. >>> let's take a look at inversion stocks, the ones that have been on the move. shiers and astrazeneca shares both sharply lower as a result of the announcement we got. it's weighing on london based smith & nephew which has been the subject of takeover talks of medtronic. there's concern that we will see a pushback on these tax inversion deals. to get more on that, let's brick in tony dwyer. tony, m&a has been one of the factors that has been providing a boost to u.s. stocks.
but the pentagon defense department says this morning that there were fighters who were killed. according to a monitoring group on the ground, there were ten casualties, as they put it, not to mention a number of fuel and weapons depots, the finance center according to the pentagon and other targets that were hit in that strong hold of rakah. >> thank you very much, tracie. >>> now, the u.s. secretary is taking actions to curb inversions. the rules include hop scotch loans that...
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Feb 20, 2015
02/15
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the pentagon outlines plans to retake iraq's second biggest city mosul. all of those details after this short break. you can't predict the market. but at t. rowe price we've helped guide our clients through good times and bad. our experienced investment professionals are one reason over 85% of our mutual funds beat their 10-year lipper averages. so in a variety of markets we can help you feel confident. request a prospectus or summary prospectus with investment information risks, fees and expenses to read and consider carefully before investing. call us or your advisor. t. rowe price. invest with confidence. >>> the u.s. secretary of state has reaffirmed his country's commitment to tackling extremism in the middle east. speaking at a white house summit attended by the arab league john kerry said america would support its allies in the region in the fight against isis and other fundamentalist organizations. >> the arab league obviously is based with its headquarters in cairo, but it is responsible for all of the arab relationships and has been a sol he had
the pentagon outlines plans to retake iraq's second biggest city mosul. all of those details after this short break. you can't predict the market. but at t. rowe price we've helped guide our clients through good times and bad. our experienced investment professionals are one reason over 85% of our mutual funds beat their 10-year lipper averages. so in a variety of markets we can help you feel confident. request a prospectus or summary prospectus with investment information risks, fees and...
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Feb 10, 2017
02/17
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the pentagon says the contract is for the design, development and demonstration of space high altitude and missile defense hardware and software. shares are up. >>> when we come back, corporate headlines from around the world including disney announcing its increasing its interest in euro disney. >>> good morning. welcome back to "worldwide exchange." happy friday. let's check in on the market action. oil prices are still just in negative territory for the week as a whole. since wednesday we have been rallying. the reason we're rallying today is an oil report coming out to suggest that there has been good implementation of that opec supply cut in the month of january. will that hold for the rest of the year? that's the bigger question. either way that supply cut has been stuck to for the first month or so of it. the report suggested that oversupply exists still for the first half of this year. either way up 1% for oil prices this morning. 53.54. still down about a half percent for the week as a whole. we had a decent rally yesterday. yields up, dollar up and equities up. seeing that po
the pentagon says the contract is for the design, development and demonstration of space high altitude and missile defense hardware and software. shares are up. >>> when we come back, corporate headlines from around the world including disney announcing its increasing its interest in euro disney. >>> good morning. welcome back to "worldwide exchange." happy friday. let's check in on the market action. oil prices are still just in negative territory for the week as a...
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Jan 7, 2010
01/10
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is eads crying foul over issues at the pentagon today? >> it's very good news for eads. northrop grumman decided to withdraw from the competition a couple of weeks ago arguing that the terms of the contract were clearly in favor of boeing, which is competing for this $40 billion contract. the pentagon finally agreed to change the drop downs of the contract in order to rebalance its window. we don't know exactly what will be changed. it will be made public in a couple of weeks and eads should be able to compete again against boeing with northrop grumman. so it's very good news for eads. you know there is a big question mark about the future of the a400m military aircraft. the company is threatening to drop the project in case the european government doesn't accept to pay more to cover for the extra development costs of the aircraft. that's the story in france now. over to asia with christine in singapore. >> thanks so much, stephane. let's get a view from mark mobius. mark, you know, i just want to say, we have a little bit coordinated today. we didn't plan this, guys, bu
is eads crying foul over issues at the pentagon today? >> it's very good news for eads. northrop grumman decided to withdraw from the competition a couple of weeks ago arguing that the terms of the contract were clearly in favor of boeing, which is competing for this $40 billion contract. the pentagon finally agreed to change the drop downs of the contract in order to rebalance its window. we don't know exactly what will be changed. it will be made public in a couple of weeks and eads...
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May 7, 2013
05/13
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pentagon is telling congress that china has taken its warfare activities to a new level the. >> china's military continues to explore the role of military operations in cyberspace as the future of modern warfare. in addition, in 2012, numerous computer systems around the world, including those owned by the united states government, continued to be targeted for intrusions, which of which appear to be attributable directly to prc, government and military organizations. >>> and the pentagon, of course, china's main military wants to make sure it wins any potential conflict over taiwan. but cyber activities continue to push it further abroad. china calls the allegations groundless. >>> a reminder of what's on the agenda tomorrow. we'll do that in a second. meanwhi meanwhile, let's talk about australia. there could be more rate cuts to come in 2013. we'll talk about that when we come back. an tell you what's coming up on tomorrow, as well. ♪ [ agent smith ] i've found software that intrigues me. it appears it's an agent of good. ♪ [ agent smith ] ge software connects patients to nurses t
pentagon is telling congress that china has taken its warfare activities to a new level the. >> china's military continues to explore the role of military operations in cyberspace as the future of modern warfare. in addition, in 2012, numerous computer systems around the world, including those owned by the united states government, continued to be targeted for intrusions, which of which appear to be attributable directly to prc, government and military organizations. >>> and the...
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Oct 26, 2016
10/16
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defense secretary ashton carter has put the brakes on pentagon clawbacks. next, his plan to solve the military mess. the greatest population shift in human history is happening before our eyes. sixty to seventy million people are moving to cities every year. at pgim we help investors see the implications of long term megatrends like the prime time of urban expansion, pinpointing opportunities to capture alpha in real estate, infrastructure and emerging markets. partner with pgim the global investment management businesses of prudential. will your business be ready when growth presents itself? american express open cards can help you take on a new job, or fill a big order or expand your office and take on whatever comes next. find out how american express cards and services can help prepare you for growth at open.com. >>> welcome back. and now to an update on a story we first brought on monday. defense secretary ashton carter halted the clawback process. in a statement today, carter said he was suspending all efforts to collect reimbursements, setting a fair
defense secretary ashton carter has put the brakes on pentagon clawbacks. next, his plan to solve the military mess. the greatest population shift in human history is happening before our eyes. sixty to seventy million people are moving to cities every year. at pgim we help investors see the implications of long term megatrends like the prime time of urban expansion, pinpointing opportunities to capture alpha in real estate, infrastructure and emerging markets. partner with pgim the global...
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Jul 6, 2015
07/15
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it has been 19 years since the pentagon has been looking for a new jet. 14 years since lockheed finally got the contract. nine years since the f-35 took its first flight. and maybe this month, at last there will be no more testing, at least for the marine corps version. it will be operational -- assuming there are no last-minute problems. mandy, it will be a huge milestone for lockheed martin. >> i certainly hope there are no last-minute problems. shares of lockheed sitting flat. >>> a major shift is happening in housing. and it may be the new normal. but as we head out, take a look at how the major home builders are trading. most of them to the downside. home depot, kb home, all in the red. i take prilosec otc each morning for my frequent heartburn. because it gives me... zero heartburn! prilosec otc. the number 1 doctor-recommended frequent heartburn medicine for 9 straight years. one pill each morning. 24 hours. zero heartburn. >>> kate they should have sent you to paris for this. >> i agree. uber is suspending its lowest cost service in france. this after weeks of violent anti-uber
it has been 19 years since the pentagon has been looking for a new jet. 14 years since lockheed finally got the contract. nine years since the f-35 took its first flight. and maybe this month, at last there will be no more testing, at least for the marine corps version. it will be operational -- assuming there are no last-minute problems. mandy, it will be a huge milestone for lockheed martin. >> i certainly hope there are no last-minute problems. shares of lockheed sitting flat....
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Oct 6, 2014
10/14
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also, the pentagon has gotten involved and now they are expanding their numbers. instead of 3,000, they are sending 3,600 people overseas to africa to build hospitals and train workers there to contain this deadly virus. wilfred? >> tracey, thank you very much. >>> of course, ebola fears have been rocketing the market. last week we saw transportation, specifically airline stocks underperform due to ebola fears. we also watch the currency markets specifically the u.s. dollar continuing to gae ing ti momentum trading at 12.2% over the last five years. we'll bring in the chief investment officer at commonwealth financial network. brad, we are about to enter the third quarter earning season as the u.s. dollar could be a big thing for those who do business overseas. what are your thoughts? >> i would agree with that. it will be a headwind and i think the appreciating dollar is very likely to continue with three major supporting factors. and any u.s. company has to cop te contend with that. >> let's consider the jobs print we had on friday. quite a significant beat, but
also, the pentagon has gotten involved and now they are expanding their numbers. instead of 3,000, they are sending 3,600 people overseas to africa to build hospitals and train workers there to contain this deadly virus. wilfred? >> tracey, thank you very much. >>> of course, ebola fears have been rocketing the market. last week we saw transportation, specifically airline stocks underperform due to ebola fears. we also watch the currency markets specifically the u.s. dollar...
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Feb 21, 2013
02/13
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on the same day, the pentagon outlined plan toes furlough some 800,000 civilian workers to save money. these interviews are part of the white house strategy to blame potential job losses on the gop. >> instead of us cutting education, instead of us cutting the mental health programs, instead of us affecting military readiness and a whole range of other things that are important to our security and prosperity, we should be focused on programs that we know don't work, waste in government, and some of these tax loopholes that we could close that frankly benefit the well off and well connected. >> now, congress isn't in session this week. it isn't expected to reach a deal by the march 1st deadline to prevent the sequester. so, ideal, the physical mini cliff continues. >>> david einhorn is taking his case against apple directly to the company's shareholders. he's seeking an injunction to get rid of a system to issue pressed stock. einhorn will hold a conference call with investors today, an interesting move and one that's seeing apple shares outperform this morning. they are one of the rar
on the same day, the pentagon outlined plan toes furlough some 800,000 civilian workers to save money. these interviews are part of the white house strategy to blame potential job losses on the gop. >> instead of us cutting education, instead of us cutting the mental health programs, instead of us affecting military readiness and a whole range of other things that are important to our security and prosperity, we should be focused on programs that we know don't work, waste in government,...
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Jul 13, 2015
07/15
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the ap says pentagon leaders are finalizing plans to lift the ban on transgender individuals to serve in the military. >>> take a look at this dramatic video. a motorcyclist dramatic wreck was caught on tape in china. shows him speeding around a curb hitting a bridge careening into the river. the cyclist wasn't wearing a helmet. he was taken to the hospital and we are happy to report he's at least in stable condition. >> that is the cnbc news update this hour. always wear your helmet. back to you. >> i do. even when flying i wear my helmet. >> you got me all depressed because i'm flying on saturday. yikes. >> good luck with that. >> wear a helmet. >> i will. see you guys. >> 30 minutes to go until the close. the dow moving up 222 points. s&p up 23 nasdaq adding 76. that is good for 1.5% gain. >> you agree with we on flying don't you? >>> up next the most important half hour of the trading day is upon us. a top trader will tell us what he is watching. name is anne. i'm one of the real live attorneys you can talk to through legalzoom. don't let unanswered legal questions hold you up, be
the ap says pentagon leaders are finalizing plans to lift the ban on transgender individuals to serve in the military. >>> take a look at this dramatic video. a motorcyclist dramatic wreck was caught on tape in china. shows him speeding around a curb hitting a bridge careening into the river. the cyclist wasn't wearing a helmet. he was taken to the hospital and we are happy to report he's at least in stable condition. >> that is the cnbc news update this hour. always wear your...
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Aug 12, 2014
08/14
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arms and ammunition are being supplied to kurdish forces and the pentagon says those air strike res not likely to stop isis in the long run. >>> i want to get back to the russian situation. russian ewe man tearan aid will be accompanied through the northeastern ewe krad to the city by osce representatives. this is according to the ukrainian mediator who is quoted by interfax. so this is the latest we're getting out of russia. remember the french foreign minister has said on tuesday this morning that the russian convoy of 280 trucks en route to ukraine could be an attempt by moscow to install a permanent presence in the country. it could be a cover for an incursion. >>> still coming up on the show, are the funding yields greener than the bond market? we investigate growing fixed incomes to finance the green economy. stay with us. in india we have 400 million people who don't have electricity and i just figured that it's time i do something about it. what we're doing right now, along with ibm, is to actually transfer data through a satellite from our wind farms directly onto the cloud. i
arms and ammunition are being supplied to kurdish forces and the pentagon says those air strike res not likely to stop isis in the long run. >>> i want to get back to the russian situation. russian ewe man tearan aid will be accompanied through the northeastern ewe krad to the city by osce representatives. this is according to the ukrainian mediator who is quoted by interfax. so this is the latest we're getting out of russia. remember the french foreign minister has said on tuesday...
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Jul 9, 2015
07/15
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i would like the department of defense, the pentagon to continue to be a very innovative place. we have the finest fighting force the world has ever known now. i would like to leave to my successors. >> at what point does that become a national security issue? >> it is a national security issue. that's why if you are thinking about the long term as i have to and the long term security and vitality of the department of defense, i need to be concerned about things like science technology engineering, mathematics, education, schools, and all the other things that go into making what has been for all our lives and our generation now the most innovative country in the world. >> talks are going on with iran. can you defend against a nuclear iran? >> we would have to if there were a nuclear iran. it's i one of the purposes of secretary kerry's talks is to stop iran from having a nuclear weapon. those talks are ongoing now. i don't know how they'll turn out. the president made it clear that he'll only agrow to a good deal and a good deal would stop iran from getting nuclear weapons, whi
i would like the department of defense, the pentagon to continue to be a very innovative place. we have the finest fighting force the world has ever known now. i would like to leave to my successors. >> at what point does that become a national security issue? >> it is a national security issue. that's why if you are thinking about the long term as i have to and the long term security and vitality of the department of defense, i need to be concerned about things like science...
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Mar 23, 2015
03/15
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the pentagon calling it mostly a scare tactic but is encouraging anyone on that list to exercise caution. as of now, it has made no decision to pull them off duty or to provide personal protection. >>> the governor of okinawa has ordered. pan's defense ministry to suspend all work at a site where a key u.s. military base is to be relocated. he said a concrete block thrown into the sea for a drilling survey of the reef at the site may have damaged some of the coral there. >>> pepsico has elected richard fisher as a member of its board. fisher served as president and ceo of the dallas fed from 2005 to 2015. >>> and taylor swift is staying one step ahead of porn peddlers who want to use her name on the web. she bought a couple domain names. it comes a couple months before the names become available to the public. that is your cnbc news update this hour. back the you guys. >>> the dow and the s&p are higher. the euro regaining losses after a wild week of swings. currencies following that fed statement from janet yellen. the euro still down nearly 20% against the dollar in the past 12 months,
the pentagon calling it mostly a scare tactic but is encouraging anyone on that list to exercise caution. as of now, it has made no decision to pull them off duty or to provide personal protection. >>> the governor of okinawa has ordered. pan's defense ministry to suspend all work at a site where a key u.s. military base is to be relocated. he said a concrete block thrown into the sea for a drilling survey of the reef at the site may have damaged some of the coral there. >>>...
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Feb 7, 2013
02/13
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. >> the pentagon is cutting the usair craft carrier fleet in the persian gulf to demonstrate the effect looming defense cuts could have on the military. it will have to trim flying hours and lockheed's fighter jets. billions of dollars in automatic cuts known as the sequester are set to take effect march 1st if congress doesn't delay or cancel them. outgoing secretary of defense leon panetta called lawmakers irresponsible. >> it is difficult to believe, frankly, that congress would simply stand aside, stand aside, fail to make the decisions necessary to resolve this crisis and allow the defense, economy and quality of life of america to be irreparably damaged. >> thou, some health and senate republics have offered a plan to cut the federal workforce and use those savings too void the full 85 billion sequester. a similar plan failed to gain any traction last year. however, will this time be different? mark parkinson, former governor of kansas, ceo, and a real pleasure to have you with us. >> great to be here this morning. thank you. >> we would like you to start by looking at this seques
. >> the pentagon is cutting the usair craft carrier fleet in the persian gulf to demonstrate the effect looming defense cuts could have on the military. it will have to trim flying hours and lockheed's fighter jets. billions of dollars in automatic cuts known as the sequester are set to take effect march 1st if congress doesn't delay or cancel them. outgoing secretary of defense leon panetta called lawmakers irresponsible. >> it is difficult to believe, frankly, that congress would...
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May 29, 2014
05/14
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there are many a patriot, go back to the pentagon papers with dan ellsburg and others who stood and went to the court system of america and made their case. edward snowden is a coward. he's a traitor and he has betrayed his country and if he wants to come home tomorrow to face the music, he can do so. >> john kerry pulling no punches. >>> still to come on the show, egyptians go to the presidential polls. will the vote end the country's controversial turmoil. >>> as different people, we are able to express ourselves and where we are able to accomplish our ambitions. >>> you're watching "worldwide exchange," bringing you business news from around the globe. >>> an apple a day doesn't keep the doctor away. the u.s. tech giant finally puts a $3 billion bid on the table for rap star dr. dre's head set and music streaming business, beats. >>> more home improvement needed for king fisher. shares sink as the diy chain disappoints after first quarter numbers after a poor performance in some markets, including france and china. >> we're confident about the opposition in france, the french economy
there are many a patriot, go back to the pentagon papers with dan ellsburg and others who stood and went to the court system of america and made their case. edward snowden is a coward. he's a traitor and he has betrayed his country and if he wants to come home tomorrow to face the music, he can do so. >> john kerry pulling no punches. >>> still to come on the show, egyptians go to the presidential polls. will the vote end the country's controversial turmoil. >>> as...
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Jul 2, 2015
07/15
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if that happens later than sooner, it will be lucrative for lockheed and boeing who own the pentagon's only other customer for doing that. ubs says cost cutting should end this year and that should mean for better margins going ahead. raytheon down about 11% year-to-date. rbc says it is the, quote, most growth oriented defense name out there with the most exposure to the international market by a wide margin. we'll have to see. back to you. >> jane thanks very much. >> heading to the close about 12 minutes left. art cashin said we've got more bias to the buy side. $350 million to buy going into the close here. not a lot, but it hasn't been a volatile day anyway. with the markets closed tomorrow, we'll get some market fireworks from david darst. looking forward to that. >> later out at the aspen ideas festival in colorado kelly will talk to goldie hawn who found a new role outside hollywood. that would be working with ceos to create healthier communities. it's kelly and goldie coming up. two streetlights. the only difference: that little blue thingy. you see it? that's a sensor. using g
if that happens later than sooner, it will be lucrative for lockheed and boeing who own the pentagon's only other customer for doing that. ubs says cost cutting should end this year and that should mean for better margins going ahead. raytheon down about 11% year-to-date. rbc says it is the, quote, most growth oriented defense name out there with the most exposure to the international market by a wide margin. we'll have to see. back to you. >> jane thanks very much. >> heading to...
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Feb 14, 2012
02/12
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taking xi to the white house, the pentagon, and again later to the west coast. meantime, shares of michael kors surging as much as 20% after its third quarter profit and revenue beat estimates. joining us this morning on the cnbc newsline, the senior retail analyst at piper jaffray. jeff, good morning. >> good morning. >> pretty blowout numbers. yet the guidance for the coming quarter doesn't suggest more numbers like this. are they doing as much as they can? how long does this last? >> yeah, i think that's an important point. you know, the go forward guidance certainly would appear conservative given the results they posted this morning. i think that's pretty standard operating procedure for companies, particularly newly public companies, make sure to keep expectations in check. but all signals would suggest that the trends are continuing into the spring season. and you know, we'll likely continue for several quarters. this is a very strong accessory cycle that we're experiencing in the marketplace and we don't see that slowing any time soon. >> some of the com
taking xi to the white house, the pentagon, and again later to the west coast. meantime, shares of michael kors surging as much as 20% after its third quarter profit and revenue beat estimates. joining us this morning on the cnbc newsline, the senior retail analyst at piper jaffray. jeff, good morning. >> good morning. >> pretty blowout numbers. yet the guidance for the coming quarter doesn't suggest more numbers like this. are they doing as much as they can? how long does this...
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Mar 31, 2010
03/10
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countries supplying services to schools, businesses, hospitals, at one time they were caterers to the pentagon. they have juf upgraded their expectations for the business. it's the u.s. market where they seem to be doing better and they're talking about how business and leashus sectors are performing pretty well. >> thanks for that, anna. patricia has a go in london. we had a go at the 5600 mark. how are people feeling as we close out the quarter today? >> well, i think it is very positive, indeed, ross. if you add the gains of the session up 0.2% to the rest of march, we are up 10% on the month, up 3.3% on the quarter. of course, volumes are a little lower, i.e. the moves on a percentage term basis are a little bit more decorated. however, the mood is very decorated. 62 is our next psychological level and many investors are still bullish for the next couple of months. infineon is up, splice materials relevant to our viewers, as well. they increased their net sales forecast for 2010. we have a knock on effect for infineon, as well, with price target upgrades front and center. it still has quit
countries supplying services to schools, businesses, hospitals, at one time they were caterers to the pentagon. they have juf upgraded their expectations for the business. it's the u.s. market where they seem to be doing better and they're talking about how business and leashus sectors are performing pretty well. >> thanks for that, anna. patricia has a go in london. we had a go at the 5600 mark. how are people feeling as we close out the quarter today? >> well, i think it is very...
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Dec 26, 2012
12/12
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where are we on the pentagon cuts? >> nobody wants those pentagon cuts, including the president of the united states. there may be some on the left who would favor that. but that's not a dominant position. that's not where the political center of gravity is in the country. i think it's very likely that those sequester cuts are going to be turned off. now, remember the sequester, $1.2 trillion over the next nine years. that's a little over $100 billion a year. so half of that is defense, half of that is discretionary. the kick the can mini deal solution that we're talking about would identify some subset of spending cuts that would be the lowest hanging fruit still available that might turn off the sequester, or they could just turn off the trigger all together. the sequester exists because of a law passed by congress, another law passed by congress could change it. >> good to see you, john. thanks for the update. >> mastercard spending pulse saying it's the lowest level of 2008. high end is one of the areas getting hit
where are we on the pentagon cuts? >> nobody wants those pentagon cuts, including the president of the united states. there may be some on the left who would favor that. but that's not a dominant position. that's not where the political center of gravity is in the country. i think it's very likely that those sequester cuts are going to be turned off. now, remember the sequester, $1.2 trillion over the next nine years. that's a little over $100 billion a year. so half of that is defense,...
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Jun 12, 2013
06/13
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the suit targets the head of the nsa, fbi, justice department and pentagon. >>> short break. still to come, stocks getting pushed and pulled by growing concerns about the fed and other central banks and what they will do with their stimulus efforts. we'll try to make some sense of it ahead of today's opening when we come back. we went out and asked people a simple question: how old is the oldest person you've known? we gave people a sticker and had them show us. we learned a lot of us have known someone who's lived well into their 90s. and that's a great thing. but even though we're living longer, one thing that hasn't changed: the official retirement age. ♪ the question is how do you make sure you have the money you need to enjoy all of these years. ♪ [ engine revs ] ♪ [ male announcer ] just when you thought you had experienced performance, a new ride comes along and changes everything. ♪ the 2013 lexus gs, with a dynamically tuned suspension and adjustable drive modes. because the ultimate expression of power is control. this is the pursuit of perfection. [ agent s
the suit targets the head of the nsa, fbi, justice department and pentagon. >>> short break. still to come, stocks getting pushed and pulled by growing concerns about the fed and other central banks and what they will do with their stimulus efforts. we'll try to make some sense of it ahead of today's opening when we come back. we went out and asked people a simple question: how old is the oldest person you've known? we gave people a sticker and had them show us. we learned a lot of us...
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Oct 28, 2009
10/09
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co-author of "start-up nation," the story of israel's economic miracle, adviser to the white house and pentagon. he will tell us about this miracle in the middle east. "squawk box" is coming right back. >> still no launch for the ares rocket. the weather in florida is pushing that launch time back, now between 9:30 and 10:00 am eastern they're saying. we'll keep you updated on that. >>> futures at this hour, under some pressure this morning, have been all morning long. in fact, right now you'll see dow futures are down 28 points below fair value. co conoco philips, six cents better than had been expected. you can see that that stock, bid ask is higher, 5107 to 51.37. average 30-year mortgage rate slipped to 5.04%. and the los angeles city council voting to outsource its e-mail system to google. 30,000 employees will shift to google's cloud computing model during the next year. it could pave the way for other cities to abandon microsoft's outlook for google's system as well. >>> new book looks at how israel has managed to become a leader in business innovation. dan senor, co-author of "start-up
co-author of "start-up nation," the story of israel's economic miracle, adviser to the white house and pentagon. he will tell us about this miracle in the middle east. "squawk box" is coming right back. >> still no launch for the ares rocket. the weather in florida is pushing that launch time back, now between 9:30 and 10:00 am eastern they're saying. we'll keep you updated on that. >>> futures at this hour, under some pressure this morning, have been all...
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Mar 13, 2012
03/12
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for that reason i've directed the pentagon to make sure that we spare no effort in conducting a full investigation. i can assure the american people, and the afghan people, that we will follow the facts wherever they lead us. and we will make sure that anybody who was involved is held fully accountable about the full force of the law. yesterday i met with general allen and ambassador crocker who were here in washington, and i have extraordinary confidence in them. and in the many americans who are serving in afghanistan, and who have made extraordinary sacrifices to be there. today i'll be meeting with prime minister cameron, who's part of our broad coalition, serving in afghanistan. and we'll have an opportunity to consult about the way forward as we prepare for the nato summit in chicago later this spring. make no mistake, we have a strategy that will allow us to responsibly wind down this war. we're steadily transitioning to the afghans who are moving in to the lead. and that's going to allow us to bring our troops home. already we're scheduled to remove 23,000 troops by the end o
for that reason i've directed the pentagon to make sure that we spare no effort in conducting a full investigation. i can assure the american people, and the afghan people, that we will follow the facts wherever they lead us. and we will make sure that anybody who was involved is held fully accountable about the full force of the law. yesterday i met with general allen and ambassador crocker who were here in washington, and i have extraordinary confidence in them. and in the many americans who...
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Feb 29, 2012
02/12
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chairman, even if we cut the pentagon by 25%, make it 50%, have we solved the long-term structural debt crisis in our nation? yes, that's to you. >> you refer specifically to health care an area where costs have been going up faster than gdp. the output of the health care industry is not that market edly better than other countries. not only for fiscal issues but private sector productivity it's an important issue to address. as a matter of arithmetic, it's true over time an increasing share of the totally outlays will be going to medicare, medicaid and it's important to address that. >> page 7 of your testimony, in dealing with your dual mandate, you say the maximum level of employment in an economy is largely determined by nonmonetary factors. my remaining time, i want to pursue this theme, i certainly agree with the assessment, but i question after three years in the most highly accommodative monetary policy i believe in the history of our nation, the recent announcement that we will continue this policy for two more years, i mean i note according to your oin statistics, public compa
chairman, even if we cut the pentagon by 25%, make it 50%, have we solved the long-term structural debt crisis in our nation? yes, that's to you. >> you refer specifically to health care an area where costs have been going up faster than gdp. the output of the health care industry is not that market edly better than other countries. not only for fiscal issues but private sector productivity it's an important issue to address. as a matter of arithmetic, it's true over time an increasing...
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Dec 28, 2012
12/12
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>> frankly, many of them do at the moment, because the pentagon has been very busy signing production contracts to get under the wire of the sequester. >> so, for instance, the general dynamics deal that was selling to the navy for the submarine, those funds are, in fact, protected. that's one example of a deal being signed under the wire to get it through? >> exactly. general dynamics got the ch and development money for the ohio class replacement. that's a $1.8 billion contract that will keep them busy for five years, on just the design of that replacement program. >> so in your view, are the stocks reflecting this? we have seen a sharp run-up in the stocks since the end of november, and more broadly, the philadelphia defense index is close to 52-week highs. >> well, i think that's right. i mean, part of it is cheap cost of money elsewhere. i mean, where else to invest in stocks, where your business is backed by the u.s. government, when you have yields that are two and three times what the five-year is trading at today. >> but there must be some sort of impact, howard. i mean, we w
>> frankly, many of them do at the moment, because the pentagon has been very busy signing production contracts to get under the wire of the sequester. >> so, for instance, the general dynamics deal that was selling to the navy for the submarine, those funds are, in fact, protected. that's one example of a deal being signed under the wire to get it through? >> exactly. general dynamics got the ch and development money for the ohio class replacement. that's a $1.8 billion...
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May 16, 2012
05/12
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. >>> the pentagon announcing new safety precautions for its f-22 fighter jets. new rules include limiting how far they can fly from air strips after pilots experienced oxygen depractice aviation. the new precautions are sufficient to guarantee safety. the f-22s were grounded for over five months because of the same issue. the air force will have an automatic back up oxygen system. the f-22 is made by defense giant lockheed martin. comments, questions about anything you see here on "squawk," e-mail us at "squawk" @cnbc. follow us on twitter. coming up next. facebook increasing the size of its offering. we'll look at effects of mark zuckerberg's controlling stake. have natural gas prices finally bottomed out. boone pickens joins us with his latest outlook. in every way, shape, and form. it's my dream vehicle. on a day to day basis, i am not using gas. my round trip is approximately 40 miles to work. head on home, stop at the grocery store, whatever else that i need to do -- still don't have to use gas. i'm never at the gas station unless i want some coffee. it's t
. >>> the pentagon announcing new safety precautions for its f-22 fighter jets. new rules include limiting how far they can fly from air strips after pilots experienced oxygen depractice aviation. the new precautions are sufficient to guarantee safety. the f-22s were grounded for over five months because of the same issue. the air force will have an automatic back up oxygen system. the f-22 is made by defense giant lockheed martin. comments, questions about anything you see here on...
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Jan 8, 2010
01/10
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w wie been trying that year after year where the government expands spend pentagon. they're spending trillion and trillions of dollars and it doesn't create jobs. why do you want to come back to that again? >> your approach is an anti-kansasian approach. it did work in 1930s that pulled us out of the depression it's not necessarily the best solution in the long term. it doesn't create productive jobs but it puts people to work and then it allows the private sector to take over the balance. >> but the argument was that the economy would be doing very poorly. i think the phrase was new normal, growing very slowly. in fact, it's been growing rapidly. gdp look like it's going to come in at 5%. the stock market's performance and the risk asset performances anticipating sfrong growth. the strong growth has now arrived. so for different reasons, perhaps, i don't see this as a moment where you want to now turn the spigots now again because the government is doing well and you need to step back not advance. >> our new normal said and allowed for 4% to 5% growth in the first s
w wie been trying that year after year where the government expands spend pentagon. they're spending trillion and trillions of dollars and it doesn't create jobs. why do you want to come back to that again? >> your approach is an anti-kansasian approach. it did work in 1930s that pulled us out of the depression it's not necessarily the best solution in the long term. it doesn't create productive jobs but it puts people to work and then it allows the private sector to take over the...
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Apr 13, 2012
04/12
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. >> let's talk markets and then we'll talk about that commit pentagon. one week charts whether it's tens 30rs, several basis points lower on the week on both of those maturities. the germany 10 year bond in europe is young changed. trading down historic lows in the 1.60. the point of the story whether it's chinese data or issues about funding in europe, they are all keeping interest rates low where in the u.s. qe seems to have the least amount of favoritism in terms of a program that will make any kind of resurgence. as far as what's going on here, this is why america is great. the cme group, the traders, they have an issue. they are working it out. and throughout the day we'll bring you updates. we'll really bring the point home at 11:05. santelli exchange. we'll talk to both sides. they have issues with block trading, fairness, price discovery. the process here is very admirable. but the volume in the pit today is not due to obviously this issue. back to you. >> all right. let's check out the latest for energy. let's go to bertha coombs. >> reporter: o
. >> let's talk markets and then we'll talk about that commit pentagon. one week charts whether it's tens 30rs, several basis points lower on the week on both of those maturities. the germany 10 year bond in europe is young changed. trading down historic lows in the 1.60. the point of the story whether it's chinese data or issues about funding in europe, they are all keeping interest rates low where in the u.s. qe seems to have the least amount of favoritism in terms of a program that...
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Feb 26, 2013
02/13
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i don't think taking the civilian workers when our country is still at war at the pentagon and putting them on four days a week work is still waste. let those who think they've identified waste and no doubt there are efficiencies that can be found put their proposals forward and let those proposals be weighed in the context of a balanced approach. the question isn't whether we should leave any category immune. the question is whether we should have a balanced approach. and to assume, before anyone has laid out any kind of vision of how that $85 billion a year could be cut, that it must be possible and that everything else has to be ruled out seems to me to be a extraordinarily irresponsible approach. of course there are instances of waste in the federal government. there are also instances of huge unmet needs of diseases where we could find cures that save tens of thousands of people's lives in the next several years. but we're cutting the budget instead and denying ourselves the chances to find those cures. of infrastructure investments where we're risking more bridges collapsing and
i don't think taking the civilian workers when our country is still at war at the pentagon and putting them on four days a week work is still waste. let those who think they've identified waste and no doubt there are efficiencies that can be found put their proposals forward and let those proposals be weighed in the context of a balanced approach. the question isn't whether we should leave any category immune. the question is whether we should have a balanced approach. and to assume, before...